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Accounts Receivable-Third Parties (Tables)
 12 Months Ended
Dec. 31, 2018
Accounts Receivable-Third Parties  
Schedule of accounts receivable

 

 

 

 

 

 

 

 

December 31,

 

    

2018

    

2017

 

 

(in US$’000)

Accounts receivable, gross

 

40,217

 

38,668

Allowance for doubtful accounts

 

(41)

 

(258)

Accounts receivable, net

 

40,176

 

38,410

 

Schedule of movement on the allowance for doubtful accounts

 

 

 

 

 

 

 

 

 

 

 

    

2018

    

2017

    

2016

 

 

 

 

(in US$’000)

 

 

As at January 1

 

258

 

2,720

 

3,127

 

 

Increase in allowance for doubtful accounts

 

21

 

242

 

29

 

 

Decrease in allowance due to subsequent collection

 

(223)

 

 —

 

(237)

 

 

Write-off (note)

 

(1)

 

(2,874)

 

 —

 

 

Exchange difference

 

(14)

 

170

 

(199)

 

 

As at December 31

 

41

 

258

 

2,720

 

 

 

Note: In December 2015, the Group recorded a provision amounting to approximately US$1,322,000 which represented an outstanding balance due from a distributor. In January 2016, the Group terminated the distributor’s exclusive distribution rights and in December 2017, the amount due was written off  along with other allowance for doubtful accounts balances carried forward from prior years.